Society Of Illustrators Inc
Society Of Illustrators Inc shows consistent revenue and growing assets with no reported officer compensation.
EIN: 131325246 · New York, NY · NTEE: A40C · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $6.0M |
| Transparency Score | 85/100 |
Is Society Of Illustrators Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Society Of Illustrators Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Society Of Illustrators Inc
Society Of Illustrators Inc (EIN: 131325246) is a nonprofit organization based in New York, NY, classified under NTEE code A40C. The organization reported total revenue of $2.3M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Illustrators Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society Of Illustrators Inc is a mid-size nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$95K |
| Total Assets | $6.1M |
| Total Liabilities | $63K |
| Net Assets | $6.0M |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 34.7 months |
Financial Health Grade: A
In 2023, Society Of Illustrators Inc reported a surplus of $95K with revenue exceeding expenses, holds 34.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Society Of Illustrators Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.4% | +19.7% | +10.0% |
| 2022 | +15.7% | +16.9% | -4.9% |
| 2021 | +47.7% | -28.7% | +54.3% |
| 2020 | -23.3% | -14.5% | +2.5% |
| 2019 | +2.0% | +2.8% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1938 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Society Of Illustrators Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Society Of Illustrators Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $95K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is a notable aspect for an organization of its size with over $2 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Society Of Illustrators Inc's IRS 990 filings:
- Lack of detailed expense breakdown in summary data makes full spending efficiency assessment difficult.
- Periods where expenses exceeded revenue (e.g., 2020: $2,107,641 expenses vs. $1,798,249 revenue) could indicate operational deficits, though these may be strategic or temporary.
Strengths
The following positive indicators were identified for Society Of Illustrators Inc:
- Consistent revenue generation, averaging over $2 million annually.
- Significant growth in net assets, from $3,674,211 in 2019 to $6,084,315 in 2023, indicating financial stability and accumulation.
- Zero reported officer compensation across all filings, suggesting efficient use of funds or strong volunteer leadership.
- Low liabilities relative to assets, indicating a healthy balance sheet.
- Consistent IRS 990 filing history (13 filings) demonstrates commitment to transparency and compliance.
Frequently Asked Questions about Society Of Illustrators Inc
Is Society Of Illustrators Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of Illustrators Inc (EIN: 131325246) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Society Of Illustrators Inc spend its money?
Society Of Illustrators Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Society Of Illustrators Inc tax-deductible?
Society Of Illustrators Inc is registered as a tax-exempt nonprofit (EIN: 131325246). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Society Of Illustrators Inc CEO make?
Society Of Illustrators Inc's highest-compensated officer earns $2 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Society Of Illustrators Inc's spending goes to programs?
Society Of Illustrators Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Society Of Illustrators Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Society Of Illustrators Inc is above average for NTEE category A40C nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Society Of Illustrators Inc located?
Society Of Illustrators Inc is headquartered in New York, New York and files with the IRS under EIN 131325246. It is classified under NTEE code A40C.
How many years of IRS 990 filings does Society Of Illustrators Inc have?
Society Of Illustrators Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
How does the Society Of Illustrators Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that key personnel are compensated through salaries not classified as 'officer compensation' on the 990, or through a related entity. Further investigation into their detailed 990 forms would be needed to clarify this structure.
What caused the significant increase in assets between 2020 and 2021?
Assets increased from $3,766,968 in 2020 to $5,814,081 in 2021. This substantial growth of over $2 million could be due to a large donation, a successful capital campaign, an increase in the value of investments, or the acquisition of new property or significant assets. Without detailed financial statements, the exact cause is not discernible from the summary data.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. To assess spending efficiency accurately, one would need to review the full IRS Form 990, specifically Part IX, Statement of Functional Expenses.
Filing History
IRS 990 filing history for Society Of Illustrators Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Society Of Illustrators Inc's revenue has grown by 35.1%, moving from $1.6M to $2.2M. Total assets increased by 21.9% over the same period, from $5.0M to $6.1M. Total functional expenses rose by 11.4%, from $1.9M to $2.1M. In its most recent filing year (2023), Society Of Illustrators Inc reported a surplus of $95K, with revenue exceeding expenses. The organization holds $63K in liabilities against $6.1M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.1M | $6.1M | $63K | — | — |
| 2022 | $3.1M | $1.8M | $5.5M | $84K | — | View 990 |
| 2021 | $2.7M | $1.5M | $5.8M | $615K | — | View 990 |
| 2020 | $1.8M | $2.1M | $3.8M | $475K | — | View 990 |
| 2019 | $2.3M | $2.5M | $3.7M | $341K | — | View 990 |
| 2018 | $2.3M | $2.4M | $3.9M | $292K | — | View 990 |
| 2017 | $2.1M | $2.2M | $4.2M | $438K | — | View 990 |
| 2016 | $1.9M | $2.3M | $4.0M | $396K | — | View 990 |
| 2015 | $2.0M | $2.3M | $4.4M | $370K | — | View 990 |
| 2014 | $2.3M | $2.4M | $4.6M | $396K | — | View 990 |
| 2013 | $2.0M | $2.3M | $4.5M | $460K | — | View 990 |
| 2012 | $1.6M | $2.1M | $4.5M | $390K | — | View 990 |
| 2011 | $1.6M | $1.9M | $5.0M | $346K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.1M, and assets of $6.1M (revenue -28.4% year-over-year).
- 2022: Revenue of $3.1M, expenses of $1.8M, and assets of $5.5M (revenue +15.7% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.5M, and assets of $5.8M (revenue +47.7% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.1M, and assets of $3.8M (revenue -23.3% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.5M, and assets of $3.7M (revenue +2.0% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.4M, and assets of $3.9M (revenue +8.6% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.2M, and assets of $4.2M (revenue +8.6% year-over-year).
- 2016: Revenue of $1.9M, expenses of $2.3M, and assets of $4.0M (revenue -2.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.3M, and assets of $4.4M (revenue -13.3% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.4M, and assets of $4.6M (revenue +14.9% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.3M, and assets of $4.5M (revenue +28.5% year-over-year).
- 2012: Revenue of $1.6M, expenses of $2.1M, and assets of $4.5M (revenue -3.7% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.9M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society Of Illustrators Inc:
Data Sources and Methodology
This transparency report for Society Of Illustrators Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.